Friday, 31 August 2018 21:00 WIB |
MARKET UPDATE | Standard & Poor's 500Saham AS
U.S. stocks slipped in early Friday trade in the final session in August, as investors confronted the prospect of a tariff clashes with other major economies, following reports that President Donald Trump was likely to push forward with tariffs against China.
The Dow Jones Industrial Average opened 0.2% lower at 25,936, the S&P 500 index was flat, while the Nasdaq Composite Index traded slightly higher at 8,095, less than 0.1%. For the week and month, the Dow was on track for a weekly climb of 0.8% and a monthly gain of 2.3%, the S&P 500 was set for a rise of 0.9% for the week and an August gain of 3%, while the Nasdaq was poised for a weekly advance of 1.8% and a return over the month of 5.4%.
The S&P 500 and Dow were set for their best August performance in four years while the Nasdaq was looking at its best such return since 2000, according to FactSet data.